ALFO Markets Blog

How low can the Turkish Lira go

How low can the Turkish Lira go ?

New lows for the Turkish Lira against the Usd. This seems to be connected to the attacks of the president Recep Tayyip Erdogan against the president of the National Central Bank Mr. Erdem Basci. M.r Basci seems to be under pressure for a further expansion of the monetary policy. Now the Turkish Lira is exchanged...